Zeus Network Unveils APOLLO dApp to Enhance Bitcoin and Solana Integration
Introduction to APOLLO
Zeus Network introduces APOLLO, its first decentralized application (dApp) built on the Zeus Program Library (ZPL). This development marks a significant milestone in integrating Bitcoin liquidity with the Solana ecosystem. Within 72 hours of its launch on August 8, 2024, over 15,000 wallets connected to the testnet, indicating strong engagement from the cryptocurrency community.
Optimizing Bitcoin in DeFi
The APOLLO testnet is designed to enhance Bitcoin's utility within decentralized finance (DeFi) by enabling its conversion to zBTC, a Solana-native token. This strategic move forwards the integration of Bitcoin liquidity into Solana, paving the way for the upcoming ZEUS token and staking program. This initiative is part of Zeus Network's broader vision to seamlessly merge Bitcoin liquidity with Solana's capabilities.
Testnet Phases and User Engagement
Progressing through various phases, the testnet initially launched six months ago with 4,000 users, gradually expanding to over 70,000 participants. The final testnet phase is expected to attract over 100,000 users, showcasing increased interest and confidence in the project.
Features of the APOLLO Testnet
The APOLLO testnet allows users to claim test Bitcoin (tBTC), convert it to zBTC, and transfer it back to the Bitcoin blockchain. Supporting multiple wallet connections, including Muses Wallet, Solana Wallet, and Bitcoin Devnet Wallet, the testnet features programs like the Two-way Peg and zBTC Minting Program. Continuous developments in liquidity management are underway to enhance the platform's efficiency.
Incentives and Participation
Zeus Network introduces the "Prophecy of Light" testnet point system on Galxe. Participants can earn Galxe Loyalty Points through engagement, redeemable for future rewards on the APOLLO mainnet.
About Zeus Network
Zeus Network revolutionizes blockchain interaction by providing interoperable solutions within the Solana ecosystem. Utilizing the Solana Virtual Machine (SVM), Zeus Nodes ensure robust security and seamless data exchange, positioning Solana as a leading hub for diverse blockchain ecosystems. Through facilitating cross-chain dApp communication, Zeus Network empowers complex applications to interact freely on Solana, enhancing accessibility for all users.
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